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Stanchion and TaiFintech Collaborate to Enable Modern Issuer Solutions in Kenya

by LILIAN MUWONGE | UG STANDARD REPORTER
20/07/2025
in Business, News, TECH
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Cape Town, South Africa – Tuesday, July 8, 2025 – Stanchion is pleased to announce a new reseller partnership with TaiFintech Kenya, thereby supporting efforts to expand access to advanced Payment Fabric solutions across East Africa. This collaboration forms part of Stanchion’s wider strategy to help financial institutions modernise legacy systems and deliver innovative, secure customer experiences.

“We are seeing a growing demand globally for flexible and future-ready payment infrastructure. Our partnership with TaiFintech supports our strategy to extend access to Stanchion’s Payment Fabric, helping issuers in Kenya drive innovation and remain competitive,” says Norman Frankel, Chief Growth Officer at Stanchion.

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Financial institutions in East Africa face increasing pressure to meet digital-first customer expectations while managing the limitations of legacy systems and resource constraints. With deep expertise in the financial services and public sectors, TaiFintech is uniquely positioned to help overcome these challenges. Formed through a partnership between BCK Kenya Limited and Strathmore University, TaiFintech blends commercial, academic and research excellence to deliver tailored digital solutions.

These credentials make TaiFintech an ideal partner for Stanchion, whose Payment Fabric is designed to allow issuers to deliver fintech-grade features without replacing existing core infrastructure. Accredited under the Mastercard Engage Partner Programme, Stanchion delivers a suite of Digital-First capabilities—including tokenisation, dynamic card security codes, PIN management and modern issuer services—designed to help banks meet rising customer expectations for secure, seamless payment experiences.

“Tai Fintech LLP is a leading technology solutions provider born out of the combined strengths of BCK Kenya Ltd—a prominent industry player—and Strathmore Research and Consulting Centre Ltd, a hub of academic and research excellence. This strategic partnership merges strong commercial capabilities with renowned academic and research expertise, positioning Tai Fintech to deliver integrated digital platforms that support clients in achieving their digitisation strategies and enhancing customer journeys. As Africa enters a decade of unprecedented financial transformation, Tai Fintech has partnered with Stanchion, a global leader in advanced technology software, to empower providers of financial services with seamless integration capabilities. This collaboration enables our clients to transition smoothly through digital change, modernise legacy systems and deliver secure, innovative experiences to their customers,” states Dr Joseph Sevilla and Pat Muthui, who are founding directors of Tai Fintech.

As Kenyan markets rapidly adopt new payment methods, issuers need trusted partners who can modernise offerings without disrupting core systems. Stanchion’s Payment Fabric allows cardholders to add cards to digital wallets such as Apple Pay or Google Pay and to transact securely across all channels—whether in-store, online or in-app. It also enables in-app controls, allowing customers to manage card credentials, PIN settings and transaction controls directly within their banking apps.

“Our Payment Fabric technology enables issuers to deliver the secure, digital card experiences that today’s customers expect, while also modernising legacy systems and improving operational efficiency,” says Pierre Aurel, Chief Product Officer at Stanchion. “What sets Payment Fabric apart is its ability to layer new functionality onto existing card management systems (CMS), without needing to replace or overhaul core infrastructure. This provides a lower-risk, more cost-effective path to innovation, especially compared to migrating to cloud-based issuer processors.”

This partnership reinforces Stanchion’s commitment to building a strong, trusted partner ecosystem capable of supporting clients in every region. As part of the Payment Fabric Reseller Programme, TaiFintech will provide local expertise and market access, backed by Stanchion’s global delivery capability and deep domain knowledge.

ABOUT STANCHION

Stanchion is a global PayTech solutions provider, empowering financial institutions through its advanced Payment Fabric. With over two decades of experience and a global presence, Stanchion enables clients to modernise legacy infrastructure, accelerate innovation and meet evolving customer demands.

With offices in Cape Town, Dubai, London, Melbourne and Atlanta, Stanchion delivers global expertise with local focus, helping issuers and acquirers solve complex payment challenges.

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